A bankruptcy judge Thursday issued a temporary restraining order barring Vistra Energy Corp. from filing a tax return that runs afoul of an agreement reached as it exited from bankruptcy last year, Dow Jones reported yesterday. The temporary restraining order (TRO) stands until today at 5 p.m. Eastern, maintaining the status quo in a feud between Vistra and its former parent, Energy Future Holdings Corp. At the time of the split, Energy Future and its former business agreed on a plan to divide the tax attributes. According to Energy Future, Vistra is preparing to file tax returns Monday that will strip value from Energy Future, allegedly in violation of the agreement. Energy Future wants a TRO to prevent that. Bankruptcy Judge Christopher Sontchi is slated to hear arguments in the dispute over the tax agreement on Friday. The TRO could be dissolved or extended before 5 p.m. Friday, if the judge issues a ruling.
